Weizmann Institute Budget of 21,000,000 Israeli Pounds Approved

June 16, 1966

TEL AVIV (Jun. 15)

The executive council of the Weizmann Institute of Science today approved the institution’s operating budget of 21,000,000 pounds ($7,000,000) for the fiscal year 1966-67. The total represents an eight percent increase over last year’s figure.

The Volkswagen Motor Company, of Germany, contributed 1,500,000 Deutschemarks ($375, 000) to the Weizmann Institute last year, it was announced by the Institute today.